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Stock investors gain N375bn as market cap hits N20.28tn

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Transactions in the equities market, on Wednesday, sustained bullish rally as the Nigerian Stock Market All-Share Index appreciated by 2.40 per cent.The ASI grew by 910.13 basis points from 37,893.

61 index points the previous day to 38.803.74 while the market capitalisation of equities appreciated by N475bn to close at N20.28tn from N19.81tn.

The insurance subsector was boosted by the activities on the shares of Veritas Kapital Plc and AXA-Mansard Plc followed with 155.96m units traded in 287 deals.Further analysis of the day’s trading showed that ABC Transport Nigeria Plc and Japaul Gold Plc led the gainers chart with 10 per cent each to close at 33 kobo and 44 kobo per share respectively.

 

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